undamentalytics Newsletter

EPAM Systems, Inc.: which funds bought and sold

Institutions that bought and sold EPAM Systems shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 223 institutions that filed 13F reports for both quarters added to or opened positions in EPAM Systems, and 318 cut or closed them. Together they sold a net 505K shares, −0.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 1.1M shares (−6.6%); index fund managers were net buyers of 906K shares (+5.7%). 69 opened a new position and 157 sold out entirely.

Bought, Q2 2026 223 institutions, 69 of them new holders Sold, Q2 2026 318 institutions, 157 of them sold out
Net change, all compared −505K shares (−0.9%)
Net change, active managers −1.1M shares (−6.6%), 39 bought, 28 sold

Buyers versus sellers

institutions compared, 585
Active managers and hedge funds 39 bought · 28 sold · −1.1M
Index fund managers 4 bought · 8 sold · +906K
Other institutions 180 bought · 282 sold · −300K

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds +2.5M +62.3% 6.6M $527M
Ameriprise Financial Inc +1.7M +44.3% 5.5M $434M
Citadel Advisors LLC Hedge fund +1.5M +1770.5% 1.6M $124M
Millennium Management LLC Hedge fund +946K +4811.1% 966K $76.7M
Goldman Sachs Group Inc +588K +368.3% 747K $59.3M
Greenhaven Associates Inc Active manager +587K New position 587K $46.6M
Dimensional Fund Advisors LP +579K +54.2% 1.6M $131M
Assenagon Asset Management S.A. +567K +3220.8% 585K $46.4M
Vanguard Portfolio Management LLC Index funds +509K +17.2% 3.5M $275M
Aikya Investment Management Ltd +455K +50.0% 1.4M $108M
Kopernik Global Investors, LLC Active manager +403K New position 403K $32M
UBS Group AG +391K +67.7% 968K $76.8M
Arrowstreet Capital, Limited Partnership Hedge fund +318K +91.2% 666K $52.9M
Point72 Asset Management, L.P. Hedge fund +314K +111.9% 595K $47.2M
Citigroup Inc +266K +120.7% 487K $38.6M
Marshall Wace, LLP Hedge fund +260K New position 260K $20.7M
Freestone Grove Partners LP Hedge fund +237K New position 237K $18.8M
Capital Fund Management S.A. Hedge fund +227K New position 227K $18M
Longaeva Partners L.P. +203K New position 203K $16.1M
Principal Financial Group Inc +185K +279.0% 252K $20M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Boston Partners Active manager −2.1M −98.4% 35K $2.7M
Capital World Investors Active manager −2.0M −29.5% 4.8M $383M
Invesco Ltd. −2.0M −44.9% 2.4M $191M
Vanguard Capital Management LLC Index funds −1.2M −34.3% 2.3M $181M
Jpmorgan Chase & Co −1.1M −89.0% 141K $11.5M
Van Berkom & Associates Inc. −815K −99.7% 2,783 $221,000
Price T Rowe Associates Inc Active manager −711K −93.4% 50K $4M
Massachusetts Financial Services Co Active manager −709K −47.7% 778K $62M
Geode Capital Management, LLC Index funds −514K −31.8% 1.1M $87.4M
AQR Capital Management LLC Hedge fund −468K −79.7% 119K $9.4M
Royal Bank Of Canada −454K −86.4% 72K $5.7M
TD Asset Management Inc −330K Sold out 0 —
New York State Common Retirement Fund −305K −89.9% 34K $2.7M
Voya Investment Management LLC −286K −87.8% 40K $3.2M
State Street Corp Index funds −277K −12.4% 2.0M $155M
Schroder Investment Management Group Active manager −265K Sold out 0 —
Fiera Capital Corp −252K Sold out 0 —
Deutsche Bank Ag\ −200K −97.1% 5,891 $467,451
Wellington Management Group LLP Active manager −196K −66.2% 100K $7.9M
Epoch Investment Partners, Inc. −187K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Greenhaven Associates IncActive manager 587K $46.6M
Kopernik Global Investors, LLCActive manager 403K $32M
Marshall Wace, LLPHedge fund 260K $20.7M
Freestone Grove Partners LPHedge fund 237K $18.8M
Capital Fund Management S.A.Hedge fund 227K $18M
Longaeva Partners L.P. 203K $16.1M
Metavasi Capital LP 149K $11.8M
Cooke & Bieler LPActive manager 148K $11.7M
Permit Capital, LLC 108K $8.6M
Connor, Clark & Lunn Investment Management Ltd. 69K $5.5M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
TD Asset Management Inc 330K $44.7M
Schroder Investment Management GroupActive manager 265K $36.1M
Fiera Capital Corp 252K $34.1M
Epoch Investment Partners, Inc. 187K $25.3M
Danske Bank A/S 60K $8.2M
Leeward Investments, LLC - Ma 60K $8.2M
Royce & Associates LPActive manager 58K $7.9M
Grantham, Mayo, Van Otterloo & Co. LLCActive manager 51K $6.9M
Van Eck Associates Corp 48K $6.5M
Natixis Advisors, LLC 33K $4.5M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
436
Ten largest holders
55.3%
of 13F-reported shares
Index fund managers
29.2%
of 13F-reported shares
Active managers and hedge funds
27.6%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 39 28 15 12 −1.1M −6.6%
Index fund managers 4 8 0 2 +906K +5.7%
Other institutions 180 282 54 143 −300K −1.2%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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